NASDAQ-listed company AIxCrypto intends to make a $10 million strategic investment in Faraday Future by purchasing common stock.

BlockBeats News, January 7th, Nasdaq-listed company AIxCrypto (AIXC) announced that it plans to invest $10 million in Faraday Future through the purchase of common stock, with AIxCrypto planning to use these shares as the underlying asset for its first tokenized equity product.

AIxCrypto, formerly known as QLGN, rebranded in November last year and transformed into a crypto and Web3 business platform, focusing on stock tokenization RWA business.

Source

Correction/Report

RelatedRecommended

AIxCrypto Weekly Report: Spectral GF Airdrop Receives Attention; AI Blockchain Game Cellula Refunds Interaction Fees

A list of the most noteworthy developments in the AIxCrypto space last week

AIxCrypto Weekly Report: MSN was cut short after launch; io.net was attacked and TGE was postponed

AIxCrypto Weekly Report: "Rune Concept" sucks funds from the chain, "AI Tugou" retreats sharply

Sector rotation and "aesthetic fatigue" make the AI sector seem to be out of steam this week

AIxCrypto Weekly Report: Chain game GAMIN rose more than 30 times before the market; "AI MEME leader" $GPU hit a new high

Three established AI projects merged; AI application project MyShell launched Bittensor subnet

AIxCrypto Weekly Report: $DEAI doubled within a day after completing LBP; $RNDR benchmark concept continues to rise

This article summarizes the alpha developments that everyone is talking about in the AI sector this week.

NASDAQ-listed company AIxCrypto intends to make a $10 million strategic investment in Faraday Future by purchasing common stock.

A certain smart money's six out of six winning predictions have all been settled, while the Tesla short position has also been closed out with profit.

Micron bulls were forcibly liquidated three times this morning, with the remaining position's liquidation price at $754.

A whale shorted ahead of Arm's earnings, getting liquidated for $1.8 million within half an hour of entry.

The whale who bought the dip on AI yesterday lost as much as $3.37 million in half a day, with holdings involving SanDisk, SK Hynix, and Marvell.